USA Interactive Wins Dismissal of Claim
USA Interactive’s Ticketmaster unit, the world’s largest ticketing company, won the dismissal of an antitrust claim filed by smaller rival Tickets.com Inc.
Tickets.com in 2000 claimed that Ticketmaster tried to monopolize the market for concert ticket sales. The complaint was filed as part of an existing lawsuit between the companies.
U.S. District Judge Harry Hupp in Los Angeles granted Ticketmaster’s motion to dismiss the claim.
Shares of Tickets.com fell 3 cents to 37 cents in over-the-counter trading. USA Interactive shares fell 23 cents to $24.30 on Nasdaq.
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